How Did Paxos Standard’s Price Fare Yesterday?
Paxos Standard is up by approximately 0.1% from the previous day, with its price currently hovering around $1.002 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 17.75% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Paxos Standard’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.849409 and $0.852491. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
Where to trade Paxos Standard (symbol: PAX): Gate, Yobit, Binance, DDEX, Ethfinex
The currency’s market cap currently stands at $199 million US dollars.
Daily Engagement Metrics Update
Yesterday we did not see any transfers amongst holders of Paxos Standard. As for the number of holders, yesterday saw the number of wallets holding Paxos Standard decline by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Paxos Standard ranked 8 out of the 32 Ethereum tokens we’re tracking.
Observing Paxos Standard’s Richest Wallets
The top 1,000 Paxos Standard wallets hold over 99.86% of the token’s total money supply. Paxos Standard’s smart contract owns approximately 0.06% of its own total money supply. This amount hasn’t changed over the past week.
Technical Development Status
The last activity date on Paxos Standard’s GitHub repository was August 12, 2019, or about 18 days ago. Over the past 30 days, we’ve seen no growth in open issues or in the number of watchers on GitHub. This may suggest GitHub is not being used, or the code is not being maintained.
Paxos Standard’s Social Media Presence
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Paxos Standard.
Where to Buy
You can trade Paxos Standard, listed under the symbol PAX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
